TUSD

What Does TUSD Mean?

TUSD means "True US Dollar Cryptocurrency."

TUSD is a cryptocurrency stablecoin, the value of which is pegged to the US dollar (USD) at the rate of one TUSD token to one USD.

TUSD is a service to tokenize US dollars and facilitate their use over the internet and public blockchains. It is not issued by the US government, but TUSD tokens can be changed back to USD at any time.

TUSD is an alternative to other USD backed cryptocurrencies, such as USDC Coin (USDC) and Tether (USDT).

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Summary of Key Points

"True US Dollar Cryptocurrency" is the most common definition for TUSD on Snapchat, WhatsApp, Facebook, Twitter, Instagram, and TikTok.
TUSD
Definition:True US Dollar Cryptocurrency
Type:Abbreviation
Guessability:
4: Difficult to guess
Typical Users:
Adults and Teenagers

Example of TUSD Used in a Text

TUSD

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See Also

Glossary of Cryptocurrency Terms Currency Symbols ALGORITHMIC-STABLECOIN (cryptocurrency with value based on algorithm) ALTCOINS (alternative currencies (cryptocurrency term)) BTFD (buy the f*cking dip (cryptocurrency term)) FIAT (government supported currency) HODL (hold on for dear life (cryptocurrency term)) ICO (initial coin offering (cryptocurrency term)) REKT (financially ruined (cryptocurrency term)) SATOSHI (smallest unit of bitcoin (cryptocurrency term))